The Securities and Exchange Commission said Friday a whistleblower award of more than $300,000 went to a company audit and compliance employee who complained to the SEC after the company didn't act on the same information.
Thirty-eight people have been arrested in China on suspicion of selling or producing chicken feet contaminated with hydrogen peroxide, the latest food safety scandal that has shocked the country.
The first Labor Day holiday, according to the U.S. Department of Labor, was celebrated on Tuesday, September 5, 1882, in New York City. The idea came from the Central Labor Union. After a couple of years, the day moved to the first Monday in September and has been there ever since. In 1894, Congress made it a national holiday.
A Chicago man was indicted Wednesday for defrauding 290 Chinese investors in an alleged visa scheme that ran for two years until it was stopped by a whistleblower complaint to the SEC.
Zhong Weifeng, a former researcher of Hainan Provincial Agriculture Comprehensive Development Office, stood trial for accepting bribes totaling $73,900. Zhong admitted to the charges that he took bribes from local branches of the agriculture development office as well as private investors seeking agricultural engineering projects. http://www.chinanews.com
Anti-corruption officers in Hong Kong Thursday raided the homes of a pro-democracy media tycoon and a local legislator after a tip about bribes.
Job Title: Director, Affiliate Compliance
Employer: Biogen Idec
Location: Tokyo, Japan